Clowes Terrace, Stanley DH9 3 bed terraced house for sale

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Clowes Terrace, Stanley DH9 3 bed terraced house for sale

Clowes Terrace, Stanley, County Durham, DH9
£70,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom terrace house in Stanley is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and rear garden space, with a current tenant already situated and producing an annual gross income of £5,700. With a consistent rental income and no intention for the tenant to move out, this property has the potential to generate rewarding returns for investors. The current tenant has been in the property for several years and has consistently paid their rent, making this a reliable and worthwhile addition to an investor's portfolio.